Wood, TX County is a great place to live with many local companies providing job opportunities. With a Grocery Cost Index of 95, it is cheaper than the national average of 100. In addition, 2 bedroom rentals in Wood, TX County are more affordable than the US at large, costing $950 compared to $1,430. Several top employers in the area include Wood Oil Company, Wood Tool Specialists, and Wood Medical Solutions. With lower costs than nearby metropolitan areas and a variety of job opportunities, Wood, TX County is an attractive option for potential residents looking for a new home.
Wood County has an unemployment rate of 7.0%. The US average is 6.0%.
Wood County has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Wood County
- The Sales Tax Rate for Wood County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wood County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wood County
- The average income of a Wood County resident is $31,761 a year. The US average is $37,638 a year.
- The Median household income of a Wood County resident is $58,418 a year. The US average is $69,021 a year.